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A New Cost-Benefit and Rate of Return Analysis for the Perry Preschool Program: A Summary

Author

Listed:
  • Heckman, James J.

    (University of Chicago)

  • Moon, Seong Hyeok

    (University of Chicago)

  • Pinto, Rodrigo

    (University of California, Los Angeles)

  • Savelyev, Peter A.

    (College of William and Mary)

  • Yavitz, Adam

    (University of Chicago)

Abstract

This paper summarizes our recent work on the rate of return and cost-benefit ratio of an influential early childhood program.

Suggested Citation

  • Heckman, James J. & Moon, Seong Hyeok & Pinto, Rodrigo & Savelyev, Peter A. & Yavitz, Adam, 2010. "A New Cost-Benefit and Rate of Return Analysis for the Perry Preschool Program: A Summary," IZA Policy Papers 17, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izapps:pp17
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    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. Children's stories
      by econjeff in EconJeff on 2011-06-08 16:34:00
    2. Limits of social mobility
      by chris dillow in Stumbling and Mumbling on 2010-08-25 18:29:24

    Citations

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    Cited by:

    1. Maggie R. Jones & Emilia Simeonova & Randall Akee, 2020. "The EITC and Intergenerational Mobility," Working Papers 20-35, Center for Economic Studies, U.S. Census Bureau.
    2. Lin, Dajun & Lutter, Randall & Ruhm, Christopher J., 2018. "Cognitive performance and labour market outcomes," Labour Economics, Elsevier, vol. 51(C), pages 121-135.
    3. Benjamin G. Hyman, 2022. "Can Displaced Labor Be Retrained? Evidence from Quasi-Random Assignment to Trade Adjustment Assistance," Working Papers 22-05, Center for Economic Studies, U.S. Census Bureau.
    4. Delalibera, Bruno Ricardo & Ferreira, Pedro Cavalcanti, 2019. "Early childhood education and economic growth," Journal of Economic Dynamics and Control, Elsevier, vol. 98(C), pages 82-104.
    5. Randall Akee & William Copeland & E. Jane Costello & Emilia Simeonova, 2018. "How Does Household Income Affect Child Personality Traits and Behaviors?," American Economic Review, American Economic Association, vol. 108(3), pages 775-827, March.
    6. Simon Deeming & Kim Edmunds & Alice Knight & Andrew Searles & Anthony P. Shakeshaft & Christopher M. Doran, 2022. "A Benefit-Cost Analysis of BackTrack, a Multi-Component, Community-Based Intervention for High-Risk Young People in a Rural Australian Setting," IJERPH, MDPI, vol. 19(16), pages 1-12, August.
    7. Adema, Willem, 2012. "Setting the scene: The mix of family policy objectives and packages across the OECD," Children and Youth Services Review, Elsevier, vol. 34(3), pages 487-498.
    8. Ferreira, Pedro Cavalcanti & Delalibera, Bruno Ricardo, 2016. "Economic growth and complementarity between stages of human capital," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 779, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    9. Daniela Del Boca & Enrica Maria Martino & Chiara Pronzato, 2017. "Early Childcare and Child Non-Cognitive Outcomes," CHILD Working Papers Series 58 JEL Classification: J1, Centre for Household, Income, Labour and Demographic Economics (CHILD) - CCA.
    10. Pablo Schenone, 2018. "Causality: a decision theoretic approach," Papers 1812.07414, arXiv.org, revised Apr 2020.

    More about this item

    Keywords

    cost-benefit analysis; rate of return; early childhood;
    All these keywords.

    JEL classification:

    • H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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